Case Interview Prep

Category - Economics

Rogers Communication has over a dozen products in a various stages of development in any given time. For these products, nearly a half will have patents before the testing stage. These patents are considered:
  1. intangible debts
  2. tangible debts
  3. intangible assets
  4. tangible assets
Explanation
Answer: C - These patents are considered intangible assets

Key Takeaway: Companies’ assets are divided into tangible and intangible assets. Tangible assets include such items as inventory, buildings, supplies and machinery. Intangible assets include intellectual property and patents.
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